Shopping for Water

How the Market Can Mitigate Water Shortages in the American West

Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy, Government, Public Policy, Science & Nature, Nature, Environment, Environmental Conservation & Protection
Cover of the book Shopping for Water by Peter W. Culp, Robert J. Glennon, Gary Libecap, Island Press
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Author: Peter W. Culp, Robert J. Glennon, Gary Libecap ISBN: 9781610916745
Publisher: Island Press Publication: October 20, 2014
Imprint: Island Press Language: English
Author: Peter W. Culp, Robert J. Glennon, Gary Libecap
ISBN: 9781610916745
Publisher: Island Press
Publication: October 20, 2014
Imprint: Island Press
Language: English

The American West has a long tradition of conflict over water. But after fifteen years of drought across the region, it is no longer simply conflict: it is crisis. In the face of unprecedented declines in reservoir storage and groundwater reserves throughout the West, Shopping for Water focuses on a set of policies that could contribute to a lasting solution: using market forces to facilitate the movemof water resources and to mitigate the risk of water shortages. Shopping for Water begins by reviewing key dimensions of this problem: the challenges of population and economic growth, the environmental stresses from overuse of common water resources, the risk of increasing water-supply volatility, and the historical disjunction that has developed between and among rural and urban water users regarding the amount we consume and the price we pay for water. The authors then turn to five proposals to encourage the broader establishmand use of market institutions to encourage reallocation of water resources and to provide new tools for risk mitigation. Each of the five proposals offers a means of building resilience into our water managemsystems.

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The American West has a long tradition of conflict over water. But after fifteen years of drought across the region, it is no longer simply conflict: it is crisis. In the face of unprecedented declines in reservoir storage and groundwater reserves throughout the West, Shopping for Water focuses on a set of policies that could contribute to a lasting solution: using market forces to facilitate the movemof water resources and to mitigate the risk of water shortages. Shopping for Water begins by reviewing key dimensions of this problem: the challenges of population and economic growth, the environmental stresses from overuse of common water resources, the risk of increasing water-supply volatility, and the historical disjunction that has developed between and among rural and urban water users regarding the amount we consume and the price we pay for water. The authors then turn to five proposals to encourage the broader establishmand use of market institutions to encourage reallocation of water resources and to provide new tools for risk mitigation. Each of the five proposals offers a means of building resilience into our water managemsystems.

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